BLEY: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
BLEY
NACE 46.810, Wholesale of solid, liquid and gaseous fuels and related products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€633,144
2024 · €1.1m-€421,329
Equity
€5.3m
2024 · €5.9m-€668,049
Cash
€74,335
2024 · €72,836+€1,500
Balance sheet total
€6.7m
2024 · €6.2m+€451,697
Largest movements
Assets
- Current investments +€341,542
up €341,542 (+7.3%), from €4.7m to €5.0m
- Tangible fixed assets +€135,784
up €135,784 (+14.3%), from €949,307 to €1.1m
of which Land and buildings: +€163,557
Equity and liabilities
- Other debts +€1.1m
up €1.1m (+1028.1%), from €105,780 to €1.2m
- Reserves -€668,049
down €668,049 (-11.7%), from €5.7m to €5.0m
of which Distributable reserves: -€645,199
Income statement
- Financial income -€442,032
down €442,032 (-92.0%), from €480,730 to €38,698
- Gross operating margin +€60,726
up €60,726 (+6.0%), from €1.0m to €1.1m
- Staff costs -€54,735
down €54,735, from €54,135 to -€600
- Taxes +€53,164
up €53,164 (+24.2%), from €219,839 to €273,004
- Other operating charges +€32,181
up €32,181 (+72.5%), from €44,378 to €76,559
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€1.1m
Gross operating margin
+€60,726
Staff costs
+€54,735
Depreciation
-€8,619
Write-downs
+€10,511
Other operating charges
-€32,181
Other operating items
-€248
Financial income
-€442,032
Financial charges
-€11,007
Taxes
-€53,164
Deferred taxes and other
-€49
Result 2025
€633,144
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.9m
Investment
-€615,236
Financing
-€1.3m
Cash 2024
€72,836
From operations (derived)
+€1.9m
Net result for the year
+€633,144
Depreciation
+€137,909
Receivables within one year
+€28,366
Smaller working-capital items
-€3,222
Trade debts
-€9,870
Tax, wage and social debts
+€30,643
Other debts
+€1.1m
Accrued charges and deferred income
+€13,441
Investment (derived)
-€615,236
Investment in fixed assets (net)
-€273,693
Current investments
-€341,542
Financing
-€1.3m
Contributions, distributions and other
-€1.3m
Cash 2025
€74,335
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,239,138 | €6,690,835 | +€451,697 | +7.2% |
| Fixed assets | 21/28 | €949,557 | €1,085,341 | +€135,784 | +14.3% |
| Tangible fixed assets | 22/27 | €949,307 | €1,085,091 | +€135,784 | +14.3% |
| Land and buildings | 22 | €815,993 | €979,550 | +€163,557 | +20.0% |
| Plant, machinery and equipment | 23 | €20,489 | €13,565 | -€6,924 | -33.8% |
| Furniture and vehicles | 24 | €112,825 | €91,976 | -€20,849 | -18.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €5,289,581 | €5,605,493 | +€315,912 | +6.0% |
| Amounts receivable within one year | 40/41 | €510,636 | €482,270 | -€28,366 | -5.6% |
| Trade receivables | 40 | €274,913 | €320,672 | +€45,760 | +16.6% |
| Other amounts receivable | 41 | €235,724 | €161,598 | -€74,126 | -31.4% |
| Current investments | 50/53 | €4,701,391 | €5,042,933 | +€341,542 | +7.3% |
| Cash at bank and in hand | 54/58 | €72,836 | €74,335 | +€1,500 | +2.1% |
| Deferred charges and accrued income | 490/1 | €4,718 | €5,955 | +€1,237 | +26.2% |
| Total equity and liabilities | 10/49 | €6,239,138 | €6,690,835 | +€451,697 | +7.2% |
| Equity | 10/15 | €5,930,687 | €5,262,638 | -€668,049 | -11.3% |
| Contributions | 10/11 | €234,000 | €234,000 | = | 0.0% |
| Capital | 10 | €234,000 | €234,000 | = | 0.0% |
| Issued capital | 100 | €234,000 | €234,000 | = | 0.0% |
| Reserves | 13 | €5,695,835 | €5,027,787 | -€668,049 | -11.7% |
| Non-distributable reserves | 130/1 | €3,526,235 | €3,526,235 | = | 0.0% |
| Legal reserve | 130 | €23,400 | €23,400 | = | 0.0% |
| Own shares acquired | 1312 | €3,502,835 | €3,502,835 | = | 0.0% |
| Tax-exempt reserves | 132 | €780,843 | €757,993 | -€22,850 | -2.9% |
| Distributable reserves | 133 | €1,388,757 | €743,558 | -€645,199 | -46.5% |
| Profit (loss) carried forward | 14 | €852 | €852 | = | 0.0% |
| Provisions and deferred taxes | 16 | €8,380 | €6,395 | -€1,985 | -23.7% |
| Deferred taxes | 168 | €8,380 | €6,395 | -€1,985 | -23.7% |
| Amounts payable | 17/49 | €300,070 | €1,421,801 | +€1.1m | +373.8% |
| Amounts payable within one year | 42/48 | €256,860 | €1,365,150 | +€1.1m | +431.5% |
| Trade debts | 44 | €89,847 | €79,976 | -€9,870 | -11.0% |
| Suppliers | 440/4 | €89,847 | €79,976 | -€9,870 | -11.0% |
| Taxes, remuneration and social security | 45 | €61,233 | €91,876 | +€30,643 | +50.0% |
| Taxes | 450/3 | €55,703 | €91,876 | +€36,172 | +64.9% |
| Remuneration and social security | 454/9 | €5,529 | - | -€5,529 | |
| Other amounts payable | 47/48 | €105,780 | €1,193,298 | +€1.1m | +1028.1% |
| Accrued charges and deferred income | 492/3 | €43,211 | €56,651 | +€13,441 | +31.1% |
| Remuneration, social security and pensions | 62 | €54,135 | -€600 | -€54,735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,290 | €137,909 | +€8,619 | +6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€10,511 | -€10,511 | |
| Other operating charges | 640/8 | €44,378 | €76,559 | +€32,181 | +72.5% |
| Non-recurring operating charges | 66A | - | €248 | +€248 | |
| Gross operating margin | 9900 | €1,010,936 | €1,071,661 | +€60,726 | +6.0% |
| Operating profit (loss) | 9901 | €783,133 | €868,056 | +€84,924 | +10.8% |
| Financial income | 75/76B | €480,730 | €38,698 | -€442,032 | -92.0% |
| Recurring financial income | 75 | €480,730 | €38,698 | -€442,032 | -92.0% |
| Financial charges | 65/66B | -€8,415 | €2,592 | +€11,007 | |
| Recurring financial charges | 65 | -€8,415 | €2,592 | +€11,007 | |
| Profit (loss) for the period before taxes | 9903 | €1,272,277 | €904,162 | -€368,116 | -28.9% |
| Transfer from deferred taxes | 780 | €2,035 | €1,985 | -€49 | -2.4% |
| Income taxes | 67/77 | €219,839 | €273,004 | +€53,164 | +24.2% |
| Profit (loss) for the period | 9904 | €1,054,473 | €633,144 | -€421,329 | -40.0% |
| Transfer from tax-exempt reserves | 789 | €115,512 | €5,904 | -€109,608 | -94.9% |
| Transfer to tax-exempt reserves | 689 | €252,600 | €260,915 | +€8,315 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €917,385 | €378,133 | -€539,252 | -58.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.